Re: [CANSLIM] A short ride

From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] A short ride
Date: Thu, 07 Mar 2002 07:45:52 -0800

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Tom:

I've got to disagree with your assessment on microcaps. What I saw was a
rotation out of recent microcap winners. I too had a disastrous first 2
weeks of February - as my 4 main autumn microcap winners all peaked and
reversed sharply (CEDC, NMHC, ELTE, QMDC for me - also I noticed EPIQ OVRL
RMCI did the same). But I made it back in the last couple of weeks, as a new
batch with great earnings have shown strength.

I ALWAYS expect to underperform the indexes on short-squeeze mania days like
last Friday and this Monday. But after those days, there is usually plenty
of positive activity in microcaps that are near their highs. I am still very
bullish on microcaps in the right sectors (those that are/were on bull runs
as counter-cyclical plays, whether warranted or not, likely need to be
avoided). I still see enourmous strength in the microcap defense/security
names - ATPX, TASR, INVN etc...

My 2 cents, I'm sure you will rebound.


Ian



- ----- Original Message -----
From: Tom Worley <stkguru@netside.net>
To: <canslim@lists.xmission.com>
Sent: Wednesday, March 06, 2002 3:52 PM
Subject: Re: [CANSLIM] A short ride


> Hi Tim,
>
> I notice on DGO that RBMG is to be acquired by NTBK for $148 million
> (something less than $10 / share). Judging by the price, either the deal
was
> cancelled or sweetened, I presume.
>
> The past few weeks have been brutal for me, nothing but losses and
> underperforming every major index. After six months straight of beating
the
> indexes, guess it's my turn to be humble. Everything I see points to a big
> cap rally, with the mid caps also now stringing along. Small caps are not
> only being trampled in the stampede, but because they have done so well
for
> so long are being hit by profit taking as the institutional guys move
money
> into more familiar names.
>
> Tom Worley
> stkguru@netside.net
> AIM: TexWorley
> ----- Original Message -----
> From: "Tim Fisher" <Tim@orerockon.com>
> To: <canslim@mail.xmission.com>
> Sent: Wednesday, March 06, 2002 12:37 PM
> Subject: [CANSLIM] A short ride
>
>
> > Well that was certainly a short ride with UOPX and POSS. Makes me wonder
> > whether this is a big cap rally now. All after I put in orders for the
> open
> > today for NTBK and RBMG (neither of which is following suit,
thankfully).
> > Anyway just really wanted to test the server since I don't see any email
> > from the group today.
> >
> > Tim Fisher
> > Ore-ROCK-On Rockhounding Web Site
> > Owner, Fisher Fisheries, Ltd.
> > mailto:tim@OreRockOn.com
> > WWW http://OreRockOn.com
> >
> >
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>
>
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